So with the housing market as crazy as it is in many places, especially here in Colorado, people are needing to be a little more flexible and creative in terms of their wants and needs and knowing how to separate the two if they want to own a home.
The average cost of a single family home in Fort Collins is just over $500K…that is way out of a lot of people’s price range, especially first time home buyers but there are options if you’re willing to be a little creative and flexible…and be willing to downsize.
There is a company in Severance called Pivot Structures of Severance which is a sister company of Mountain Standard Homes which was formed during the pandemic and to help with the Cameron Peak Fire, are all about (in my opinion) working miracles for what they’re doing with shipping containers.
From providing a space for victims of the Cameron Peak fire to housing home offices, studios and primary residences…shipping containers are being used for so much more these days than…well just shipping stuff.
Pivot Structures’ prefabricated containers can cost anywhere from $14,500 upwards to $90,000 or more depending on size and finishes. An office will cost less than a residential unit with bathroom, kitchen and bedroom. And containers can be stacked or combined to create larger living units.
I’m seriously considering cashing in our current home, downsizing and paying cash for one of these things. I mean…look how nice this is!
Traditional bank financing has not kept up with the shipping container trend, which remains a stumbling block, but there are some financing options, including secured personal loans or home equity lines of credit.
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